117 W 6th StCordellOK73632
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Cordell at 117 W 6th St, Cordell, OK, 73632 listed at $118,500 pairs $931/mo rent with a $580/mo payment to leave $174/mo cash flow. Total monthly income runs $931/mo, and annual cash flow reaches $2,091/yr on $39,283 cash to close. Return on cash invested measures 25.23% in year one, and rental yield registers 9.43% at a $118,500 basis. Equity gained on principal adds $765/yr, and annual property appreciation at 5% supports $32,739 by year five. Five-year ROI tracks 131.73% and total cumulative return in cash totals $51,748. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $931/mo property income relative to a $580/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1920
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 73632, Cordell, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,794 (100%) |
| Owner Occupied HU | 1,062 (59.2%) |
| Renter Occupied HU | 413 (23.0%) |
| Vacant Housing Units | 319 (17.8%) |
| Median Home Value | $121,457 |
| Average Home Value | $184,343 |
Housing Distribution
Address Breakdown
Residential
1,438
Single Family
1,358
Multi-Family
80
Businesses
184
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